Free Trial

Bonny Light Exports to Hit 32-Month High

OIL

Nigeria’s scheduled December exports of Bonny Light crude are set to reach their highest level since April 2021, according to Bloomberg, citing loading schedules.

  • A total of 161k b/d of Bonny Light are scheduled for loading in December, up from 127k b/d in November.
  • Forcados loadings are set to fall by 19k b/d on the month to 304k b/d in December.
  • Among other grades in December, Akpo is seen at 65k b/d, down from 67k b/d in November, while Amenam is up to a four-month high at 108k b/d.
  • Bonga is down by 5k b/d on the month to 132k b/d, while Egina is down just 3k b/d from November to 97k b/d.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.